Oslo, Norway 17 December 2024, Circio Holding ASA (OSE: CRNA) Reference is made to the stock exchange announcement on 4 December 2024 regarding commencement of the exercise period for Warrants from 4-18 December 2024 (the "Exercise Period").

A total of 13,864,852 warrants (the "Warrants") were issued and registered with the Norwegian Register of Business Enterprises on 26 July 2024 in relation to the rights issue completed in July 2024. Each Warrant gives the holder a right to subscribe for one new share in the Company at an exercise price per share of NOK 0.60 during the exercise period (the "New Shares").

A total of 445,864 Warrants were issued to board members and close associates of board members of the Company. As announced on 17 December 2024, a total of 176,780 Warrants held by board members were exercised, for the allocation of 176,780 New Shares in the Company at a price per New Share of NOK 0.60

Today, 17 December 2024, board members Damian Marron, Diane Mellet and Robert Burns, have transferred their ownership and all rights for the remaining warrants, not to be exercised by the board members themselves, totaling 269,084 warrants, to Circio Holding ASA without compensation. These Warrants will be made available to the Company for distribution for free to investors who contact the Company indicating their interests in acquiring Warrants, as announced in a stock exchange notice by the Company on 15 December 2024.

Please see further details about the transactions in the attached form.

This information is subject to the disclosure requirements pursuant to article 19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.